Spyr Stock Price, News & Analysis

SPYR, INC. (OTCQB: SPYR) announces that its subsidiary GeoTraq has completed a full suite of Mobile IoT asset management tools. These tools aim to significantly improve Return on Investment for enterprise customers across various industries. The miniature Tracker-Modules can report location data and sensor information, enhancing asset tracking globally. The completion of this product line positions GeoTraq to potentially revolutionize asset management by providing affordable and efficient solutions to combat costly asset loss, which can exceed $5 million annually in some sectors.

SPYR, INC. (OTCQB: SPYR) announces a collaboration between Polte Corporation and GeoTraq Inc. to integrate Polte's Cloud Location over Cellular (C-LoC) technology into GeoTraq's new NB-IoT/LTE-M modules. These include the Tracker-Module GT-TM100 for low-cost asset tracking and the Sensor-Module GT-SM100, which features an eSIM for enhanced Mobile IoT connectivity. This partnership aims to enhance tracking capabilities indoors and outdoors without the need for GPS, significantly reducing costs and power consumption, thereby promoting broader adoption of IoT solutions.

SPYR, INC. (OTCQB: SPYR), a technology company focusing on IoT applications, addressed recent promotional activities by firms Penny Picks and the Wolf of Penny Stocks regarding its common stock. Despite engaging Emerging Markets Consulting for investor relations, SPYR claims no involvement in creating promotional materials. Trading volume increased on June 28, 2022, but SPYR remains uncertain about the marketing's impact. The company has retained multiple investor relations firms over the past year and continues financing operations through convertible notes, as disclosed in its latest SEC filings.

SPYR Technologies has released an open letter from CEO Pierre Parent, emphasizing the potential of its recently acquired GeoTraq. The letter highlights GeoTraq's self-contained IoT modules designed for asset tracking and sensor monitoring, targeting a variety of industries including logistics and construction. The modules are user-friendly, requiring no product development from customers. GeoTraq aims to ship production units in Q1 2023, with applications ranging from tracking tools to monitoring vaccine shipments, presenting a broad market opportunity for SPYR.

SPYR Technologies (OTCQB: SPYR) has released an open letter from CTO Pierre Parent, highlighting the company's recent acquisition of GeoTraq. GeoTraq specializes in developing self-contained, ultra-small IoT modules for asset tracking and remote monitoring. The modules, designed for ease of use and low-cost deployment, aim to meet the projected demand for 25 billion connected devices. GeoTraq plans to launch its Tracker module in Q1 2023 and Sensor module in Q3 2023, both offering turnkey solutions with built-in cellular connectivity.

SPYR Technologies announced the engagement of Integrity Media for Investor Relations and Corporate Communication. Integrity Media, led by Kurt Divich, boasts extensive experience in public markets and aims to enhance SPYR's communication with investors. CEO Tim Matula emphasized the importance of transparency and active dialogue with shareholders, especially regarding the acquisition of GeoTraq, which is expected to drive company growth. Divich expressed enthusiasm for promoting GeoTraq's potential. SPYR focuses on IoT technology via subsidiaries Applied Magix and GeoTraq.

SPYR Technologies (OTCQB:SPYR) has entered a definitive agreement to acquire GeoTraq, a company specializing in self-contained Mobile IoT modules for asset tracking and monitoring. This acquisition positions SPYR within the rapidly growing IoT market, which is projected to reach 25 billion connected devices in the next five years. GeoTraq's technology allows for rapid deployment and integration, tapping into high-value niche markets including healthcare, energy, and logistics. The acquisition aims to leverage SPYR's resources to enhance inventory, sales, and market presence.

SPYR Technologies, a tech firm, announced that its subsidiary GeoTraq has received Patent No. 10,182,402 for its mobile IoT wireless modules. This technology aims to enhance Location Based Services (LBS) by providing lower-cost, smaller, and longer-lasting solutions. GeoTraq's modules utilize global mobile IoT networks for connectivity, addressing gaps in the current LBS market. CEO Tim Matula emphasized the significance of this intellectual property for market penetration in asset tracking and sensor monitoring, aiming to benefit shareholders through investment and innovation.

SPYR Technologies (OTCQB:SPYR) has entered into a material definitive agreement to acquire GeoTraq, Inc. from JanOne Inc. (NASDAQ: JAN). This acquisition will provide SPYR with a new product line in the Internet of Things (IoT) sector, specifically targeting asset tracking and location-based services. GeoTraq offers ultra-small, plug-and-play IoT modules that require no product development by the customer, allowing for quick implementation in industries like construction. Although GeoTraq is currently pre-revenue, the move aims to leverage its technology for significant operational improvements.